FIRST TRUST NASDAQ-100 EX-TE (QQXT) Stock Technical Analysis
NASDAQ:QQXT - Nasdaq - US33733E4017 - ETF - Currency: USD
Taking everything into account, QQXT scores 6 out of 10 in our technical rating. Although QQXT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: QQXT has an average volume of 4154 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
QQXT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, QQXT turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
In the last month QQXT has a been trading in a tight range between 96.05 and 99.33.
Considerably lower volume is observed in the last couple of days.
QQXT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 97.79, a Stop Loss order could be placed below this zone.
More info and screens
84.61
100.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 91.38 to 97.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.57 from a horizontal line in the daily time frame.
- A support zone ranging from 85.46 to 85.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 98.51 to 99.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.4
Mansfield-0.05
10 Day High99.33
10 Day Low97
20 Day High99.33
20 Day Low96.05
52 Week High99.33
52 Week Low85.19
Performance
1 Week-0.11%
2 Weeks0.21%
1 Month2.02%
3 Month0.73%
6 Month7.47%
12 Month10%
2 Year22.89%
3 Year25.04%
5 Year76.84%
10 Year134.42%
15 Year446.64%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)58.06
LBB96.92
UBB99.6
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 99.34 | 96.99 | 2.35 (2.37%) | 25.00% |
| An entry @99.34. This is a Buy Stop order right above the resistance zone. | An exit @96.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.35 points, which is 2.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:QQXT (2/21/2025, 8:00:01 PM)
98.34
-0.74 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.75%
1 Week-0.11%
2 Weeks0.21%
1 Month2.02%
3 Month0.73%
6 Month7.47%
12 Month10%
2 Year22.89%
3 Year25.04%
5 Year76.84%
10 Year134.42%
15 Year446.64%
Volatility
ATR(14)0.7
ATR(20)%0.69%
ATR Inc7.91%
Range Today0.04
ADR(20)0.5
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.4
Mansfield-0.05
10 Day High99.33
10 Day Low97
20 Day High99.33
20 Day Low96.05
52 Week High99.33
52 Week Low85.19
CS1 End97.79
CR1 Start98.51
Volume & EV
DER(3)0%
DER(5)-0.06%
Volume400
Volume Incr-55.98%
Vol(5)2.28K
Vol(50)4.15K